Business owners should be cautious with how they manage business tangible property regulations - especially when faced with an IRS audit. Most US business taxpayers completed the implementation of the IRS Business Tangible Property Regulations last year. These new regulations were a guide to help business owners and their...
Self Crafted Contracts Lead to Expensive Disputes
Many start-up companies and small business professionals attempt to download and modify their own business contracts, or create them based upon a contract from a previous employment experience. After decades of experience as a business attorney I can tell you self crafted contracts lead to expensive disputes and lost profits....
Transfer Pricing and International Business Issues
San Diego companies serving global markets often face transfer pricing and international business issues that increase risk and contingent liability. The international business and tax attorneys at Allen Barron have extensive expertise and experience in multiple aspects of international business. We are uniquely positioned to provide single-source service for those...
Selling A Business in San Diego Requires Business, Tax, Financial and Legal Expertise
Selling a business in San Diego requires a diverse cross-section of professional services including business expertise, tax advice, financial planning and legal expertise. Allen Barron provides this broad scope of services in a single-source vendor. What is the value of a single-source professional partner when selling your business? The complexity...
IRS to Retire PIN System – How to Protect Your Business Information
The IRS announced plans to retire the automated PIN system for filing returns electronically, due to extensive hacking and compromised personal and business information of more than half a million US taxpayers. Despite its best efforts the IRS has not been able to protect your business information or your personal...
Forming a New Company in San Diego? Which Entity is Best for you?
Are you forming a new company in San Diego? Which entity is best for your new venture? The four basic options are an LLC, S Corporation, C Corporation and a Professional Corporation (PC). The selection of the legal entity for a new business is one of the first significant challenges an entrepreneur...
IRS Lowers Mileage Reimbursement Rate for Commercial and Business Expense
The sustained downward spiral in oil prices has resulted in a lower IRS mileage reimbursement rate for 2016. The new rate will be $0.54 per mile, down from $0.575 in 2015. The 3.5 cent per mile drop reflects stabilization in the international oil markets according to the IRS, and is...
Merry Christmas and Seasons Greetings!
We at Allen Barron wish to extend Seasons Greetings to all of our friends and clients throughout San Diego and across the United States. We are very thankful for the business and personal relationships we share, and the opportunity to be of service. Allen Barron is uniquely positioned to provide...